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20121201
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for as far as the eye can see. listen, washington has a spending problem, not a revenue problem. and if the president doesn't agree with our proposal, i believe he has an obligation to families and small businesses, to offer a plan of his own, a plan that can pass both chambers of the congress. we're ready and eager to talk to the president about such a plan. >> speaker, you spoke with the president earlier this week. can you characterize this call? if he called, did he have any kind of counteroffer? and also, we understand that he's just making clear that it's got to be increase in rates for the wealthy or no deal. are you willing to give a little bit, maybe just not all the way to 39.6? >> it was -- the phone call was pleasant but was just more of the same. the conversation that the staff had yesterday, just more of the same. it's time for the president, if he's serious, to come back to us with a counteroffer. >> mr. speaker, the jobs report today indicated unemployment is down roughly a full point from last time at this year. a lot of people say that if no deal happens it cou
? >> think is act two of the political theater that we're seeing down in washington, the first act was rather comical with president obama's opening bid. now we have the republicans response to that. we'll see what happens in act three. right now let's face it there is a framework in place. it's simpson-bowles and the basis of the 2011 negotiations. not much is going to change from that. so when we're looking forward what needs to be done there's not a lot of options on the table. and the president does have to be concerned while he does have polls on his side, the fact is he does not want to start his second term off his legacy term in a recession, which if we go off the fiscal cliff that will happen. so it's not good for him and not good for the country and not good -- >> sthnt a bisn't this a buyer'? >> that's the issue. we talk about fining a solution the democrats -- they need one too. the fact is that they have to help the republicans get to the pathway of yes instead of forcing them down the road of no. so this does have to be a negotiation. don't you think? >> come on now. >> they rea
. >>> meantime, the fiscal cliff stand-off in washington continues. at this late hour the senate and house of representatives both went into recess, still no deal. republican senate leader mitch mcconnell reached out to vice president joe biden to help reach an agreement. two men who have served as their party's closers, so to speak, on tough deals before. senate majority leader harry reid says he plans to have a plan up for a vote tomorrow morning. although there are serious differences on both sides. >> we're not going to have any social security cuts at this stage, it just doesn't seem appropriate. i still hold out hope we can get something done but i'm not overly optimistic but i am cautiously optimistic. >> republicans pushed back on claims by democrats that the social security benefit measurement, which is known as the chained cpi and basically would reduce the amount of money that senior citizens get under social security, was part of the republican plan. in any case, that is off the table. senator john mccain posted this on twitter, most of us agree the chained cpi is off the table
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